Chiratae Ventures
3rd Floor (A and B Wing), Sobha Pearl 1, Commissariat Road, Bengaluru, Karnataka, 560025, India
Overview
IDG Ventures India is a leading technology venture capital fund in India. The fund is part of IDG Ventures, a global network of technology venture funds with over $6 billion under management with over 220 investee companies and 10 offices across Asia and North America. IDG Ventures has been an investor in companies including Funzio, Ctrip, Tencent, Baidu, Netscape, BabyCenter, Sohu, Vancl and VinaGame. In India, IDG Ventures has invested in companies such as Flipkart, Myntra, Yatra, Newgen, Brainbees (FirstCry.com), Vserv, Manthan Software, Valyoo (Lenskart.com), Actoserba (Zivame.com), NestAway and Hiree. More information about IDG Ventures is available at www.idgvcindia.com [Source](http://www.idgvcindia.com/about_us.htm) (idgvindia.com)
- Total investments
- 150
- Lead investments
- 67
- Investments · 12mo
- 12
- Active investors
- 4
Sector focus
- Financial Services
- FinTech
- Venture Capital
Investment portfolio
- Peeko
Led · Series A · Aug 2026
Peeko operates a quick-commerce platform focused on the baby and kids segment, maintaining a large SKU assortment that includes apparel, toys, and consumables. The service offers sub-60-minute delivery from a network of dark stores and a try-and-buy feature that lets customers verify product fit before completing a purchase. The startup currently operates in Bengaluru and plans to expand its operational footprint and increase the number of neighborhood dark stores to achieve fuller city coverage. Management intends to invest in technology and talent to support this expansion. Peeko faces a competitive and capital-intensive landscape, competing with specialized babycare retailers like FirstCry and larger quick-commerce players broadening into baby essentials. As a private company, it must manage cash burn and improve unit economics and customer retention while scaling.
- GetVantage
Participated · Series A · Aug 2026
Founded in 2020, GetVantage is a Mumbai-based B2B fintech platform that embeds seamless financing solutions into marketplaces, merchant ecosystems, and B2B ecommerce platforms via a plug-and-play API. The company underwrites businesses using alternate data and predictive analytics, focusing on actual cash flows to provide growth capital without equity dilution or heavy collateral. It targets India's estimated Rs 30 lakh crore MSME credit gap and partners with platforms, marketplaces, and logistics hubs to offer embedded financing to merchants. GetVantage has built committed funding capacity of over Rs 700 crore and is backed by investors including Chiratae Ventures, Varanium Fintech Fund, Sony Fund, InCred, and industry veterans. In 2024 it launched the Rs 100 crore Rise Up Fund for women entrepreneurs and the SaaS Accelerator Fund II to support B2B SaaS businesses. The company plans to scale its capital gateway, accelerate its AI-native capabilities, and announce strategic seller financing partnerships to expand its embedded finance footprint.
- ContraVault AI
Led · Series A · Jun 2026
Founded in 2024 by Sayan Sen, Isha Juneja, and Tanmay Juneja, ContraVault AI offers an AI-powered platform that helps infrastructure and enterprise companies analyze tenders and RFPs, identify risks, ensure compliance, and streamline bidding decisions. The Bengaluru-based startup has expanded beyond tender analysis into a broader bid management platform serving infrastructure, construction, and energy companies. According to the company, its platform has analyzed more than one million tenders as part of its training dataset and is currently used by some of India’s largest infrastructure companies. ContraVault emphasizes domain-specific large language models and AI-assisted decision-making to accelerate go/no-go decisions and reduce manual effort in bid submissions. The company plans to enhance its LLM capabilities, add workflow automation and broader procurement intelligence features, and pursue international expansion, particularly into the United States.
- Artium Academy
Participated · Series A · Mar 2026
Artium Academy runs a digital platform that offers live, interactive music education across multiple disciplines. Students connect with instructors online, allowing the company to scale instruction beyond traditional classroom constraints. The business is expanding rapidly: operating revenue grew 46% to ₹27.77 crore in FY25, though net loss also widened 13.8% to ₹21.55 crore as the company continued to invest in growth. Following its latest financing, the startup is valued at roughly ₹375 crore ($41.2 million), a more than four-fold jump from the ₹90 crore valuation attached to its October 2022 $3 million round. Founders Ashish Joshi, Vivek Raicha, and Nithya Sudhir collectively hold 39.48% of the company, maintaining strategic control. The fresh capital will fund business expansion, product enhancements, and other growth initiatives aimed at extending the platform’s reach and improving unit economics. Management believes this infusion positions Artium Academy for further scale in India’s burgeoning online education market.
- ZILO
Participated · Series A · Feb 2026
ZILO operates a vertically integrated fashion quick-commerce service that combines dark stores with partner brand outlets to fulfill apparel orders in under an hour. The platform collaborates with more than 200 fashion brands and enhances the customer experience through home trials and instant returns. Currently active in Mumbai, the company intends to expand to additional Indian cities over the next 12–14 months. ZILO plans to use its newly raised capital to scale operations, fortify its technology stack, and strengthen its supply chain. Co-founded by former Flipkart and Myntra executives Padmakumar Pal and Bhavik Jhaveri, the startup aims to set a new standard for rapid fashion delivery. Its competitive landscape includes players such as KNOT, Slikk, and Myntra’s quick fashion offering. Prior to the latest round, ZILO had raised $4.5 million in seed funding in June of the previous year.